Barnes & Noble Signs 10-Year Lease At Bridgehampton Commons Shopping Center

Barnes & Noble is set to open a 9,000-square-foot store at Kimco Realty's Bridgehampton Commons shopping center on Montauk Highway in October. The new Hamptons location is part of Barnes & Noble's comeback strategy, which includes opening 30 stores this year and following a smaller footprint format in markets where the usual massive spaces don't make sense.

Summary of transation details

• Property Type: Retail
• Transaction Amount: Not available
• Address: 2044 Montauk Highway
• Market: Bridgehampton
• SF: 9,000

Kimco Realty, represented by Conor Flynn, is the landlord for the property. The tenant, Barnes & Noble, is making a strategic move by opening a new store in Bridgehampton. This expansion is part of their plan to open 30 stores this year and adapt to a smaller footprint format in certain markets. The 10-year lease agreement solidifies Barnes & Noble's return to the retail scene.